Https://cb.run/aNT7 Huobi Subsidiary Fails to Withdraw Crypto Assets Worth Over $18M from FTXThe stunning FTX collapse has sent shockwaves down the crypto market.
The latest firm to fall victim is Huobi’s brokerage subsidiary, Hbit Limited.
The Hong Kong-based company has revealed that it is unable to withdraw $18.1 million worth of cryptocurrencies deposited in FTX.
Out of the total funds stuck in FTX, $13.2 million are the client’s assets based on their trading requests, while the rest, $4.9 million, belongs to Hbit.